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answer › previous answer version › answering member printed	Jesse Norman
question text	To ask the Secretary of State for Business%2C Energy and Industrial Strategy%2C whether EDF will incur a penalty in the event that Hinkley Point C starts to generate electricity by 2025.
max answer › question first answered	2016-10-14T13:58:18.467Z

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answering dept short name

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answer

is ministerial correction

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previous answer version

answering member constituency

answering member printed

answering member


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tabling member


label

584199

registered interest

date

15/09/2016

answering body

Department for Business, Energy and Industrial Strategy

answering dept id

201

answering dept short name

Business, Energy and Industrial Strategy

answering dept sort name

Business, Energy and Industrial Strategy

hansard heading

Hinkley Point C Power Station

house id

legislature

25259

pref label	House of Commons

question text

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether EDF will incur a penalty in the event that Hinkley Point C starts to generate electricity by 2025.

tabling member constituency

Brent North

tabling member printed

Barry Gardiner

uin

46693

answer

is ministerial correction

date of answer

10/10/2016

answer text

<p>Under the contract for difference, if Hinkley Point C does not start generating electricity four years after 2025 then there will be reductions to the contract term. This means that for every day that Hinkley is late, the period of time where EDF is getting increased certainty on the price of electricity generated from Hinkley is reduced. If neither reactor at Hinkley is generating electricity by 2033, there is an option to cancel the contract.</p><p> </p>

answering member constituency

Hereford and South Herefordshire

answering member printed

Jesse Norman

question first answered

10/10/2016 16:31:58

answering member

3991

label	Biography information for Jesse Norman

previous answer version

13097

answering member constituency

Hereford and South Herefordshire

answering member printed

Jesse Norman

answering member

3991

label	Biography information for Jesse Norman

tabling member

146

label	Biography information for Barry Gardiner